CARDANO Expect the bullish price action to continue
Hi traders:
Here on ADAUSD, we can see some noticeable bullish price action in the making.
After the bearish move down across the crypto market, price begin to correct and form a HTF structure.
We can see price made several attempt to break below the $1 mark, but fail to continue lower.
When then see a clear double bottoms within the HTF structure, and a bullish reversal impulse up, breaking above the structure.
Now that the price has formed a right shoulder, inverse H and S pattern reversal, good sign of further upside.
Watch for some clear bullish continuation correction on the LTF and expect to push the price up the previous swing highs.
thank you
